Japan-based tokenized asset infrastructure platform Progmat completed the migration of ¥45.2 billion in tokenized securities to Avalanche L1 on July 10, moving the assets off R3 Corda 5 under its Project Keystone initiative. The transferred assets were mainly tokenized real estate and tokenized corporate bonds, two of the main product categories in Japan’s security token offering market over the past two years. According to the source material, the new setup delivers transaction finality in under two seconds, runs 3-5 times faster than the previous Corda environment, and supports EVM compatibility, a feature described as important for overseas institutions and DeFi integrations. Progmat chose Avalanche L1 rather than Avalanche C-Chain to preserve independent governance rules on public blockchain infrastructure. The report also said Progmat formed a Tokenized Government Bonds and On-Chain Repo Working Group on May 8, 2026, bringing together more than 40 institutions to study repo settlement using tokenized Japanese government bonds as collateral and stablecoins as the cash leg. The group aims to submit a report in October 2026 and launch commercially before the end of 2026.

A U.S. government-linked wallet transferred almost $297 million worth of crypto to Coinbase Prime over the past eight hours, according to on-chain tracker Lookonchain cited by BlockBeats. The deposits included 3,941 BTC valued at about $244 million and 30,007 ETH valued at roughly $53.09 million. Based on the figures provided, the combined value of the transfers came to about $297 million. The transaction flow was reported on July 14. No additional details were given in the source about the purpose of the transfers.

U.S. Senator Elizabeth Warren has urged Senate leadership to add ethics rules to the Clarity Act, according to Odaily. Warren said the bill should include provisions that would bar public officials and their family members from profiting from the crypto industry. The update focuses on the proposed addition of ethics restrictions to the legislation and does not include further details on the specific language or timeline for any amendment. The report frames the push as part of the Senate discussion around the Clarity Act.

Mizuho analysts said Circle's approval from the U.S. Office of the Comptroller of the Currency to form a national trust bank could strengthen the company's compliance standing, according to The Block. Even so, the analysts said the move does not address what they see as the main pressures on the business. They pointed to the continued decline in USDC's market capitalization and intensifying competition from Open USD as factors that are still weighing on $CRCL shares. The note frames the OCC approval as a positive regulatory development, but not one large enough on its own to offset the operating and market challenges highlighted by the bank's analysts.

An address linked to the U.S. government transferred $297 million worth of Bitcoin and Ether to Coinbase Prime about five hours ago, according to on-chain analyst Ember. The transfer included 3,940.7 BTC valued at $244 million and 30,007 ETH valued at $53.09 million. Despite the latest movement, the address still holds roughly $20.5 billion in crypto assets. Those holdings include 325,000 BTC worth $20.2 billion, 145 million USDT worth $145 million, 28,000 ETH worth $50.35 million, and 62,000 BNB worth $35.38 million. The figures were cited by Odaily based on Ember’s monitoring.

Gondor, a DeFi startup built around Polymarket, has launched its v1 product, according to The Block. The new version will let users borrow against their entire Polymarket portfolio through a cross-margin model, giving them a credit line that can be used to buy additional prediction market shares. The company expects the feature to go live publicly in September, with a private testing phase set to begin next week. Gondor said v1 is a major upgrade from its beta released seven months ago. That earlier version only supported borrowing against a single position. Under the new setup, lending decisions are based on the health of a user’s overall account rather than one isolated trade, an approach the report compared to how prime brokers in traditional finance extend credit against diversified portfolios.

Franklin Crypto chief investment officer Seth Ginns said digital asset prices still do not reflect what he described as the industry’s strongest fundamentals in years, even as institutional adoption continues to pick up speed. Speaking in comments reported by CoinDesk, Ginns said the convergence of traditional finance and crypto is gaining traction and that liquid crypto investments are becoming more attractive in the current market environment. He pointed to Robinhood’s blockchain initiatives as an example of how traditional financial distribution is shifting toward crypto infrastructure. Ginns also cited tokenized money market funds, tokenized stocks and growing stablecoin adoption as forces driving the overlap between traditional finance and blockchain technology. He added that a Senate vote on the Clarity Act could give institutions greater regulatory certainty. Ginns also said he favors Hyperliquid’s revenue-driven token buyback model and sees DeFi protocols including Uniswap, Aave and Chainlink as potential beneficiaries of improved token value-capture mechanisms.

Binance.US is in a rebuilding phase after two years of regulatory setbacks, according to CoinDesk, which cited comments from CEO Stephen Gregory. The exchange is aiming to reclaim roughly 20% of the U.S. crypto market, a level it once held at its 2022 peak. To bring users back, Binance.US plans to compete with ultra-low fees, new regulated products, and deeper liquidity. Gregory’s remarks come after a period in which the platform faced multiple regulatory lawsuits and enforcement actions that sharply reduced its market share in the United States. Current management said the company will focus on compliance and roll out product lines designed to meet U.S. regulatory requirements as it works to rebuild user trust. Binance.US also reiterated that it operates as Binance Group’s independent U.S. entity and is fully separate from the global Binance platform in both operations and legal structure.